Tagged: federal reserve bank of st. louis

St. Louis District Economy Growing Modestly

by Arkansas Business Staff 11/30/2016 3:51 pm

Contacts in the Fed's St. Louis District, which includes all of Arkansas and parts of six other states, said economic conditions have modestly improved.

President-elect Not Affecting Economic Outlook

by Alexis Crowe 11/16/2016 11:21 am

Economists are not expecting a new president to have significant effects on the local or national economy and outlook, according to presentations at the Little Rock Economic Briefing on Wednesday.

Fed's James Bullard: Only One Rate Hike Needed Now

by Lance Turner 10/25/2016 10:12 am

James Bullard, president of the Federal Reserve Bank of St. Louis, says one hike to a key interest rate is all that's needed right now.

Today’s Bank Takes On Teetering Allied

by George Waldon 10/3/2016 12:00 am

The Allied Bank staff was still a little shell-shocked when they convened at the main office in Mulberry on Saturday, Sept. 24. The day after regulators took over the $66.3 million-asset lender, employees gathered to learn what the future held under the new ownership of Today’s Bank of Huntsville.

Thanks A Million, Wells Fargo (Gwen Moritz Editor's Note)

by Gwen Moritz 9/19/2016 12:00 am

It is undeniably the smaller banks — the ones that don’t have 1.5 million real customers, much less that many phony accounts — who have paid and are paying and will continue to pay the most for the bad acts of the banks that are too big to fail.

State of the Debate on 'Too Big to Fail' (James Bullard Commentary)

by James Bullard 8/8/2016 12:00 am

Even with the enactment of the Dodd-Frank Act, which has yet to be fully imposed, debate continues on whether “too big to fail” remains an issue or whether the risk to the economy has been mitigated.

Regulatory Costs Hit Smaller Banks Harder, St. Louis Fed Economists Conclude in Report

by Gwen Moritz 7/25/2016 12:00 am

Smaller banks really are hit harder by the cost of regulatory compliance, a report published last week concluded.

Economic Challenges Vary by Income

by Arkansas Business Staff 6/27/2016 12:00 am

Economic challenges faced by Americans vary greatly by income, according to a Federal Reserve report released last month.

Michelle Smith Joins BancorpSouth Branch in Fort Smith (Movers & Shakers)

by Arkansas Business Staff 5/16/2016 12:00 am

Michelle Smith has been hired by BancorpSouth Bank as an assistant vice president and manager of the Riley Farm branch in Fort Smith. Smith, who has 26 years of banking experience, was previously with Simmons Bank.

US Building Permits Show Long-Term Rise

by Arkansas Business Staff 4/25/2016 12:00 am

The number of building permits issued in February in the United States stood at 1.2 million, reflecting the gradual increase seen since they hit a low of 513,000 in March 2009.

Burgundy Book: More Arkansans Expect Worsening Economic Conditions

by Arkansas Business Staff 3/25/2016 9:53 am

According to a February survey of business contacts, a little less than 50 percent expect that economic conditions will worsen in 2016 compared with 2015.

Kathy Deck Takes Seat on Real Estate Industry Council (Movers & Shakers)

by Arkansas Business Staff 2/22/2016 12:00 am

Kathy Deck, director of the Center for Business & Economic Research at the Walton College of Business at the University of Arkansas at Fayetteville, has been named to the Real Estate Industry Council of the Federal Reserve Bank of St. Louis.

Real Estate Market Improves Across All Fronts in Little Rock

by Diana Cooke 9/14/2015 12:00 am

The residential real estate market in Little Rock strengthened in the first quarter of 2015. Year-to-date home sales increased 8.5 percent and prices increased 2.5 percent from one year ago. Realtors from the area noted that existing homes have been selling fast with multiple offers.

Excerpts About Arkansas, Highlights From the Fed's 'Beige Book' Report

by Arkansas Business Staff 6/3/2015 2:49 pm

The following are excepts from the Fed's report on the St. Louis district, which includes all of Arkansas and parts of Illinois, Indiana, Kentucky, Mississippi, Missouri and Tennessee.

Little Rock Burgundy Book Shows Optimism

by Arkansas Business Staff 3/24/2015 2:51 pm

The Federal Reserve Bank of St. Louis' latest Burgundy Book showed "improving optimism" in the Fed district's Little Rock Zone, which includes all but the northeast part of the state.

John Roberts Elected to Board of Fed's Eighth District

by Arkansas Business Staff 12/22/2014 11:25 am

John Roberts III, CEO of JB Hunt Transportation Services, is elected to a three-year term on the St. Louis Fed's board of directors. Ray Dillon, CEO of Deltic Timber Corp., is named chairman of the Fed's Little Rock branch.

Record Soybean, Rice Production Expected This Year in Arkansas

by Lee Hogan 9/25/2014 10:35 am

According to current U.S. Agriculture Department estimates, Arkansas will set new records this year in soybean and rice production.

Arkansas Banks Continue to Outpace Peers Across District, Nation

by Lee Hogan 9/24/2014 1:41 pm

Arkansas banks continued to outpace its fellow banks in the Eighth District and peer banks across the country in the second quarter, according to the latest numbers from the Federal Reserve Bank of St. Louis' Burgundy Book.

Arkansans Trim Mortgage, Credit Card Debt, Add More Auto Loans

by Lee Hogan 9/24/2014 12:47 pm

Following the national trend, Arkansans lowered their mortgage and credit card debts while auto loans continued to rise in the second quarter, according to the Federal Reserve Bank of St. Louis' Burgundy Book.

Home Prices, Building Permits Down in Q2 for Most Arkansas MSAs

by Lee Hogan 9/24/2014 11:35 am

The residential market was down in Arkansas and across the country in the second quarter, according to the latest numbers from the Federal Reserve Bank of St. Louis' Burgundy Book.